• Banzai International Inc BNZI.OQ reported a quarterly adjusted loss of 13 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $-13.00. The mean expectation of two analysts for the quarter was for a loss of 5 cents per share. Wall Street expected results to range from -12 cents to 1 cents per share.

• Revenue rose 213.2% to $3.38 million from a year ago; analysts expected $4.09 million.

• Banzai International Inc's reported EPS for the quarter was a loss of 15 cents​.

• The company reported a quarterly loss of $3.64 million.

• Banzai International Inc shares had fallen by 12.5% this quarter and lost 35.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 54.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

• Wall Street's median 12-month price target for Banzai International Inc is $14.50

This summary was machine generated from LSEG data May 16 at 07:27 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)